2605 Albatross Way - Apartments FOR SALE


Sacramento, CA 95815- Outer Arden-Arcade
$1,200,000 USD
916-897-4604
2605 Albatross Way, Sacramento, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/60
null | 5.69% Cap Rate

2605 Albatross Way
Sacramento, CA 95815
Outer Arden-Arcade


HIGHLIGHTS

  • Near freeway and transportation
  • 100% Occupancy
  • New sub panels

OVERVIEW

7 Unit, 2 bed, 1 baths! Residential Income Producing Property! Excellent opportunity to acquire a well-performing multi-family asset in Sacramento. 2605 Albatross Way features a low-rise apartment community built in 1959, consisting of multiple units on a spacious ~0.29-acre lot. This property is ideal for investors seeking immediate income with upside potential. Currently operating at 100% occupancy, the asset provides solid in-place cash flow with room to increase rents and improve returns. This complex features 7, 2-bedroom, 1-bath layouts, appealing to a broad tenant base and supporting consistent demand in the area.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$265 USD /SF

# OF UNITS

7

PRICE/UNIT

$171,429

CAP RATE

5.69%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

R-1

APN/PARCEL ID

266-0323-008

ASK ABOUT THIS PROPERTY

Manny NguyeneXp Realty of CaliforniaMore Info
916-897-4604

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Manny NguyeneXp Realty of CaliforniaMore Info
916-897-4604

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.